‘Aspen Bulk is a critical component of our end-to-end supply chain offering,’ said David Mushin, Executive Vice President of AspenTech’s Supply Chain Business. ‘Our end-to-end solution is designed to enable companies to transform isolated, supply chain business silos into truly integrated value chains. Tying all the pieces of this complex puzzle together will enable companies to automate and optimise strategic decision making with the intended goal of maximising margins across the entire enterprise.’

The package utilises supply chain information to improve forecasting accuracy, demand planning and scheduling capabilities from the refinery to terminal operations. The package can be implemented as a stand-alone product or as part of an integrated, end-to-end solution. It offers advanced demand planning and scheduling capabilities. The demand planner can forecast demand by channel of trade, a necessary step in providing the requisite level of accuracy.